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Dec 11, 2012
12/12
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CURRENT
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while we can't show that sandy was caused by climate change, we can show that climate change loads the dice for those severe storms. which storms are the climate-caused one you'll never sort those out but you have to do more emergency response, more coastal defense, more preparation. that's going to cost money. that's a cost that we should find a way to put on the cause of the problem, which is carbon. that's economics 101. if you don't tax the thing or put a fee on the thing that is causing the harm, and you don't make them pay for the harm, then you get too much of it. right now we have too much of the carbon pollution. >> eliot: the point i was trying to make when we talk about that kind of burden shifting what you're describe something conservative economics. this is not some new liberal idea. you're talking about conservative economics. >> going back to the coca-cola bottling company. if you don't put the cost on the company that makes bottles that explode, then we'll have exploding bottles and we'll have to pay the costs of exploding bottles. >> eliot: i want to switch gears for
while we can't show that sandy was caused by climate change, we can show that climate change loads the dice for those severe storms. which storms are the climate-caused one you'll never sort those out but you have to do more emergency response, more coastal defense, more preparation. that's going to cost money. that's a cost that we should find a way to put on the cause of the problem, which is carbon. that's economics 101. if you don't tax the thing or put a fee on the thing that is causing...
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183
Dec 11, 2012
12/12
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CNBC
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eye 183
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it's a fantastic charity event for the victims of sandy. groupon ceo speaking out as he tries to revive his struggling company. we have the headlines on that major story. a super deal for beyonce as well. a $50 million deal. with pepsi, is it a match made in heaven? for $50 million bucks i bet it is. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. i'm julia borsten in los angeles. groupon up 4% as ceo andrew mason speaks at a conference. he wouldn't respond to any of the juicy questions like whether the company needs new leadership or friday's report google is interested in groupon which sent it skyrocketing. given up gains, about 15% since friday. mason stressing groupon strength in mobile, a third his transactions on mobile devices saying mobile customers spend more and are more loyal. sue, over to you. >
it's a fantastic charity event for the victims of sandy. groupon ceo speaking out as he tries to revive his struggling company. we have the headlines on that major story. a super deal for beyonce as well. a $50 million deal. with pepsi, is it a match made in heaven? for $50 million bucks i bet it is. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back...
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239
Dec 11, 2012
12/12
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CURRENT
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eye 239
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that's why for my upcoming benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star comedy special. >> together we can get new yorkers back to yelling at strangers and ignoring our friends. [ piano plays ] troy polamalu's going deeper. ♪ ♪ and so is head & shoulders deep clean. [ male announcer ] with 7 benefits it goes deep to remove grease, gunk and flakes. deep. like me. [ male announcer ] head & shoulders deep clean for men. ♪ ♪ ♪ >> you are even more beautiful to me now, because it is the real you. >> this is it isn't it? this is the real -- >> announcer: stephanie miller. >> yes. >> stephanie: oh you don't want that. the president yesterday. >> obama: if congress lets middle class tax goes up economists will tell you that means people will spend nearly $200 billion less than they otherwise would spend. consumer spending is going to go down. >> stephanie: if only we had someone we loved from congress to tell us
that's why for my upcoming benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star comedy special. >> together we can get new yorkers back to yelling at strangers and ignoring our friends. [ piano plays ] troy polamalu's going deeper. ♪ ♪ and so is head & shoulders deep clean. [ male announcer ] with 7 benefits it...
247
247
Dec 11, 2012
12/12
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CNBC
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eye 247
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as for hurricane sandy, very minimal impact. finally, delta and southwest are hosting an investor day conference this week. a lot of people are expecting some fairly optimistic commentary from them. the airlines, business bookings are looking pretty good. add airlines to housing as well as what's going on with autos as industries that are showing some signs of improvement right now. >> absolutely. you mentioned boehner speaking at the top of the hour. in the past few moments the obama 2012 campaign staff has tweeted the following. if your taxes go up, republicans will have made a conscious choice to let that happen. we have no way of knowing if this is somehow related to what the speaker may say in 20 minutes' time. might just be yet another echo of an existing talking point. that's going to be one more tea leaf to read in the next half hour. >>> when we come back, delta air lines buying a 49% stake in virgin atlantic today. we'll talk to the ceo about the deal and what it means for the airline's future after the break. again? i
as for hurricane sandy, very minimal impact. finally, delta and southwest are hosting an investor day conference this week. a lot of people are expecting some fairly optimistic commentary from them. the airlines, business bookings are looking pretty good. add airlines to housing as well as what's going on with autos as industries that are showing some signs of improvement right now. >> absolutely. you mentioned boehner speaking at the top of the hour. in the past few moments the obama...
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262
Dec 11, 2012
12/12
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CNBC
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eye 262
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i don't know -- >> sandy didn't do it. >> i don't know how to make it any better. all right, time heals all wounds. hopefully next time we'll hear some better news from you. >> i hope so, too. thanks, joe, thanks andrew. >> maybe we'll get some better news right now. steve liesman joins us with the results there cnbc's latest fed survey. steve? can you make it any better? >> i don't know about that. what we have, andrew, is overwhelming support from our -- or expectation from our respondents, 48 respondents, economists, wall street strategists, and analysts, that the fed will replace twist with outright asset purchases. disagreement on how they'll do it and increasing concern about all these purchases and the effect on the market. let's start off with the disagreement about how they're going to do it. we asked people, will the fed purchase only treasuries when it replaces operation twist? or will it purchase treasuries and mortgages? you can see that they're about split on this. unclear what chairman bernanke is going to announce tomorrow. now, how about how much q
i don't know -- >> sandy didn't do it. >> i don't know how to make it any better. all right, time heals all wounds. hopefully next time we'll hear some better news from you. >> i hope so, too. thanks, joe, thanks andrew. >> maybe we'll get some better news right now. steve liesman joins us with the results there cnbc's latest fed survey. steve? can you make it any better? >> i don't know about that. what we have, andrew, is overwhelming support from our -- or...